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obama now on his way back to hawaii to resume his vacation with his family. good morning. it is 4:30. thank you for joining us. >> we are glad to have you with us on this wednesday and in this new year of 2013. let's check in with jackie. >> it will not be a bad day overall. starting out on the ugly side of things will improve as we progress especially into the afternoon. a bit of cloud cover. just a smidge fof a wintry mix. that will be short-lived. it will be out of here by late morning. temperature wise, not as bad -- not a bad start here. almost everybody above freezing. 32 at it as brick and frigid. 35 at dulles. 38 in washington. highs in the upper 30's and low 40's. we are going to head to traffic. >> good morning. it feels like money mining -- monday morning. no major problems around the region. maryland virginia, and the district. no road work on the beltway. no problems for the entire beltway to report. i-95 -- regina heading north coming out of stafford, what bridge over occoquan, lanes are wide open. heading across the 14th street bridge. back to you. >> thank you. our
on the borrowing limit. >> we can't not pay bills that we have already incurred. >> president obama said if congress refuses to raise the debt ceiling the consequences for the global economy would be catastrophic far worse than any fiscal cliff. >>> another high profile vote could come towed. this morning president obama told house republicans they should vote now on hurricane sandy aid, quote, without delay. this has new york lawmakers chastised house republicans for deciding to put the vote off for a few months. people in the region are still trying to recover with the worst winter months still ahead. the senate approved a $60 billion measure friday while a house committee drafted a bill about half that size. >>> students from sandy hook elementary got a sneak peek at the campus where they will go back to school tomorrow. an open house was held this morning at a school in nearby monroe. they have refurbished it and making the classrooms look just like those in sandy hooks. they brought in desks and backpacks to make the kids feel at home. >> prince william had to go away from his famil
early this morning, president obama urged congress to raise it. >> we cannot not pay bills that have already been incurred. if congress refuses to give the united states government the ability to pay the bills on time, the consequences for the entire global economy will be catastrophic. >> no word yet on when the president will sign the new bill. technically it was a day late, but the markets reopened this morning. from washington, i am tracy potts. >> reaching a deal on the fiscal cliff has not -- lawmakers on both sides of the aisle are pressing outrage after it the house adjourned without a vote on a bill providing aid to victims of superstorm sandy. representatives from both parties are calling ending the term without a vote inexcusable. >> absolutely inexcusable, indefensible. >> some lawmakers are suggesting the decision to forgo the vote was made because the affected areas are in blue states. >> we started this morning with a little bit of cloud cover. we have mostly sunny skies now. the wind shifting to the north, and it will be chilly the next couple of days. 35 at the airpo
, and congress will soon be at it again. president obama landed in hawaii this morning to resume his vacation. he left washington last night after lawmakers approved a bill that prevents a middle class tax hike and delays automatic spending cuts. congress and the white house struggled to get the deal done and neither republicans nor democrats seem pleased with the outcome. >> someone stop hitting you in the head with a hammer and you're supposed to say thank you so much for the relief. >> reporter: many voters are upset it took lawmakers so long to reach a compromise. >> i think we needed a deal. i'm not necessarily altogether happy. >> reporter: the measure raises taxes on families making more than $450,000 a year and extends long-term jobless benefits for a year. but the package does not include spending cuts and many republicans voted against it. >> i'd like to be speaking for this bill, but i can't. >> reporter: congress steered away from the "fiscal cliff" at the last minute but another showdown is just around the corner. in two months, the treasury will need to increase how much the country
obama landed in hawaii this morning to resume his holiday vacation. he left washington late last night after lawmakers approved a bill that prevents a middle class tax hike and delays automatic spending cuts. congress and the white house struggled to get the deal done, and neither republicans or democrats seem pleased with the outcome. >> someone stop hitting you in the head with a hammer and you're supposed to say thank you so much for the relief. >> reporter: many voters are upset it took lawmakers so long to reach a compromise. >> i think we needed a deal. i'm not necessarily all together happy. >> reporter: the measure raises taxes on families making more than $450,000 a year and extends long-term jobless benefits for a year. but the package does not include spending cuts as many republicans voted against it. >> i would like to be speaking for this bill but i can't. >> reporter: congress steered away from this fiscal cliff at the last minute, but another showdown is just around the corner. in two months the treasury will need to increase how much the country can borrow and lawmaker
to the shoulder. will keep you posted their as well. back to you. >> thank you. this morning president obama thanking congress for passing a bill on the fiscal cliff. >> another nail biter as they waited to the last minute to get this one done. we're live on capitol hill to talk about what exactly we have accomplished here. >> a lot of people feel it always is down to the last final hours and minutes to get a deal done on capitol hill. that was the case again with this issue but there is a deal done and many say it is not a perfect or permanent fix but it does keep most americans taxes from going up. it it -- also appears to be a victory for president obama. the bill allows for most of the things he talked about during his campaign. it will shield those earning less than $400,000 from seeing their taxes go up. it extends some of unemployment benefits as well. some members of congress say it does not go far enough and sets up another showdown over fiscal issues in 2013. others believe the country could not afford not to pass this bill. the president talked about all this right after the passa
is your kron 4 news >> thanks for joining us on this cold wednesday morning. president obama just arriving back in hawaii this morning after the house and senate approved a measure that keeps the country from going further down the fiscal cliff. we will have the latest details coming up. >> the bay area is waking up to some very cold temperatures this morning with team coverage all around the bay area. >> wall street, another big story with the doubt soaring because of the fiscal cliff deal in washington. the dow jones industrial average up 245 points right now to 13,349. we were up over 260. the dow in nasdaq all soaring after the news in washington. >> if you're stepping out of the door headed to your destination this morning is cold out there. a freeze warning is in place for the north bay valleys until 9:00. jackie sissel is live on the scene from san rafael and i can see you are well below freezing. good morning jackie >> good morning any. we the freeze on level has to be 28 for two hours or more and that is the case. it has been at the level of friesefreezing. we not only hava freezi
're following this morning. president barack obama heads back to hawaii. the house approved a measure passed by the senate that keeps the country from going over the fiscal cliff. we will have details coming up. >> the bay area is waking up to cold temperatures this morning. we will have team coverage all around the bay area this morning. >> we are at 28 degrees and san rafael. we have been around this number for the past hour. we did start out at 26 degrees. we did he go for about two degrees. a lot of people are headed back to work this morning and that will have to use their ice scrapers. the offer is one in that you talked about as an affect on tel 9:00 a.m.. >> you will need your scarf and some hot cocoa. there is no wood and burning allowed today. we are at 27 degrees in fairfield. we are same low 40's for the east shore line. redwood city is waking up to temperatures of the upper 30's. we do have winter weather advisories through 9:00 a.m.. as we head into afternoon the temperatures will be a little bit warmer that yesterday. i will break down the numbers and talk about the extended f
cliffs. we are gonna look back on this night and regret it. >> president obama rejoined his family in hawaii this morning. the white house had no immediate details when the president will receive and sign the bill. >>> well, stocks are sharply higher due to the fiscal cliff deal but some market watchers are cautioning that the euphoria could be short-lived because of the many challenging issues that remain unresolved. the dow is slightly off, but remaining up more than 200 points. it's up now 235 at 13,339. well, despite the fiscal cliff deal, everyone's paycheck will still be at least a little bit smaller this year. ktvu's janine de la vega is in los gatos to explain about the end of the payroll tax holiday. >> reporter: good afternoon. this tax cut has expired and it will affect every wage earner. most people that we spoke to this morning had no idea that it would affect their paychecks this year. now, here's what workers need to know -- the -- the past two years, americans were enjoying a boost in their paycheck. they lowered the social security tax to 4.2%. that measure was put
. >>> cliemg back up the fiscal cliff. president obama praising a late night deal keeping many americans' taxes from going up. good morning, i'm aaron gilchrist. >>> i'm eun yang. welcome toian 2, 2013. president obama says he'll sign off on a measure to limit the damage caused by going over the cliff. the house gave final approval last night nearly 24 hours after the senate voted in favor of it. the legislation will keep taxes in place for americans who earn less than $400,000 a year and for couples who earn less than $450,000. it will extend long-term unemployment benefits and much more on the vote in just a few minutes. >>> a news session of the council begins with inauguration of six members. david grass owe is is the only new. he beat out michael brown. re-elected include vincent orange, jack evans, yvette alexander and marion barry will begin new four-year terms. it will begin after the 10:00 swearing in with an organizational meeting. they will assign council members to committees. >>> also this morning, same sex couples can begin to hold public courthouse wedding ceremonies in montgomer
but something to be aware of. we'll be bringing you updates as we get them. >>> no word yet this morning when president obama will sign it, but there is a deal to avoid the fiscal cliff. the house passed the bill last night. as he tells us it leaves a lot to be desired. >> they finally got it done. congress ended the long drama over the fiscal cliff with house republicans rereluctant and thely passing the senate bill. >> i will sign the bill that raises taxes on wealthiest americans. >> for a time it appeared the bill was head forward defeat. >> i do not support the bill. >> house republicans did not want to raise taxes without significant cuts in government spending. >> there is no spending cuts. we're adding $4 billion a day to the debt. we feel like the senate bill failed. >> but republicans did not want to drag out the fight any longer and risk essentially taking the blame for massive tax hikes. >> what is the alternative? the alternative is $4 trillion of tax hikes to hit the american people. >> people earning less $400,000 shields them from tax increases and extends unemployment benefit
this morning. late last night congress finally spent president obama legislation. >> this law is just one step in the broader effort to strengthen our economy oar at one point it looked like the deal could fall apart. >> there's no spending cuts. we're adding $4 billion a day to the debt what we're really doing is raising taxes to gift president more money top spend. >> reporter: some republicans were pushing house speaker john boehner to add new spending cuts, but ultimately, there weren't enough votes to get that passed. so the house approved the senate measure. it prevent as tax hike on estates less than $5 million and extends unemployment benefits for some 2 million people but the payroll tax could expire, which means an increase on salaries by 2% for workers earning up to $110,000 a year. then stuff the bill didn't do. to avoid this fiscal cliff congress set up new ones. two ones they will have to deal with the automatic spending cuts. there lab nasty fight over the debt ceiling. last night president obama said he's not willing to debate congress on the borrowing limit. >> we can not not
early this morning president obama urmged congress to raise it. >> we can't not pay bills that we already incurred. if congress refuses to give the united states government the ability to pay these bills on time, the consequences for the entire global economy would be catastroph catastrophic. >> reporter: no word when the president will sign the bill so in the end it was one day late but just in time for nervous veshz as markets re-opened this morning. tracie potts, nbc news, washington. >> investors appear to be reacting positively to the deal. the dow is up 2%. nasdaq up 2.5%. markets in asia and europe were also up today. >>> your taxes are still about to go up. a 2% payroll tax cut just expired. that means you'll be paying about $1,000 a year more in taxs if you make $50,000 a year. economists warn that could slow the country's economic growth but as much as .07% in the coming year. on the flip side the tax cut cost the government about $125 billion a year. >> this congressional term is not ending without controversy. >> but i am deeply disappointed, mr. speaker, and the peopl
to pay down our nation's debt. the bill now goes to president obama for signature. back to you. >> thank you. >>> our other big story the weather this morning. it could be the coldest morning of the week. let's get a first look at weather with meteorologist lawrence karnow. >> we have some very dry air outside. temperatures plummetting right now. we have freeze warnings up in the north bay valleys. and frost advisories inside the bay in toward the santa clara valley so a cold start to the day. these temperatures running down in the 20s and some mid-30s. waking up to some widespread frost outside. if you are heading out the door this morning, grab your jacket. it is going to be chilly. temperatures right now 27 degrees in santa rosa. 30 in livermore. 34 degrees in san jose. and 30 degrees in the napa valley. only moderating as you approach the coastline, 45 into san francisco. high pressure giving us clear air and dry conditions. the storm track well to the north. that's going to play out over the next few days and chilly mornings ahead here. and then the temperatures by the afternoon gen
this morning, a bill to avert the fiscal cliff awaits president obama's john hancock. around 11:00 p.m. eastern last night, the republican-led house gave final approval to a deal that will raise taxes on the wealthiest americans, and postponing the automatic spending cuts for two months. the package, which would be signed by the president as early as today preserves the bush era tax cuts for individuals who earn less than $400,000 a year and households earning less than $450,000. it extends unemployment benefits for a year and does not do a bunch of other stuff. it passed by a comfortable margin but only because a majority of yes votes came from democrats. 172 democrats voted in favor. 16 opposed. 151 republicans voted against the bill. only 85 voted in favor. in recent years, republican speakers of the house refused to bring bills to the floor unless they got a majority support from republicans. speaker john boehner of ohio violated that longstanding rule last night and in the process he became the only member of the leadership of his party who voted in favor of the bill. eric cantor and kevin
, thank you. >>> and now to a news alert this morning. late last night the house approved a bill to avoid the so- called fiscal cliff and the measure is now on its way to president obama for him to sign. >> if the president and congress fail to act, the billions of tax hikes and spending cuts were set to take effect this month. fox's lauren green has more. >> the yaes are 257, the nays are 167, the motion is adopted without objection a motion to reconsider is laid on the table. >>reporter: the republican- controlled house of representatives has moved to pass the fiscal cliff bill. >> the central premise of my campaign for president was to change the tax code that was too skewed toward the wealthy at the expense of working middle class americans. tonight we've done it. >>reporter: they dropped their demands for additional spending cuts, clearing the way for the vote, but not all were in full support of the deal. >> and the problem is we set up three nor fiscal cliffs. we're going to have to deal with the debt ceiling, we're going to have to deal with the continuing resolution expiration
now heads to president obama for his signature. terrell? >> tara mergener in washington this morning. trar, good to see you. thank you so much. >>> still the measure passed with bipartisan support. the deal die provided the leadership in the house. speaker john wayner bane speaker john boehner and former gop leader paul ryan voted yes but house majority leader eric cantor who led a brief last-minute charge against the deal and kevin mccarthy voted no. earlier i had a chance to visit to politico's congressional reporter. we talked about how the bill got through the house and the political ramifications of sealing the deal. hughes republicans were earlier considering a deal with more spending cuts. it was different than what the senate had passed. what ended up happening? why did republicans change their minds? >> basically they knew if they tried to make any changes that the senate had already sent over to them, it would greatly prevent them getting it done before congress was sworn in at noon. harry reid, the senate majority leerksd said it's going to be very, very tough. a lot of th
:00 in the morning debating them. president obama doesn't work that way. he gets the opinions and hearing them out and has a sense of what the time frame is to make a decision and makes a decision. they are different in the style. that's why the bill clinton white house was frequently chaotic and whatever you want to say about the barack obama white house. it's not chaotic. >> sort of followup to the question. but to your response, if she's a bridge builder and bridge builders sometimes do better behind the scenes but less than in the front how does it jive with maybe a president who is isn't necessary a bridge builder but needs to be a leader if she a more capable leader or more capable bridge builder? i don't think we know the answer to that question yes. if we look at different model of the presidency fdr began being a consensus president who tried to create bipartisan and 1934 the rememberty league started and people become partisan in the political response. and he became himself partisan. then you have lyndon johnson. he was probably the most effective legislator ever to live in the white ho
the stock exchange opens in new york at 6:30 in the morning. we're going to have more on that. that begins at 4:30 a.m. >>> president obama left washington late tonight. he is returning to hawaii to rejoin his family for a vacation. the president interrupted his traditional christmas holiday to work with lawmakers to prevent the economy from going over that so-called fiscal cliff. we have a cold night ahead with temperatures dropping into the 20s and 30s. we caught folks in union square bundled up in their winter jackets to ward off the cold. abc7's spencer christian is here with live doppler 7hd. >> temperatures are falling as we speak. here is a look at live doppler 7hd. cloud free, rain-free and clear skies, but cold in the bay area. here is a look at our 10:00 temperature readings. we are waiting for the most recent to come in. even an hour ago it was down to 36 at napa and fairfield 35 at santa rosa and 34 at livermore and low 40s in many other locations. it is going to be a cold night. as a result of this unusually cold weather we have a freeze warning in affect until 9:00 tomorrow m
about that? >>> president obama heads to hawaii this morning to finish his family vacation. he left washington late last night after the house approved legislation that keeps the nation from going over the fiscal cliff. the bill raises taxes on the wailtiest 2% of americans but maintains tax cuts for most people. >>> today's agreement enshirine the principal and the law. the deficit needs to be reduced in a way that's balanced. everyone pays their fair share, does their part. that's how our economy works best. that's how we grow. >> the president said the legislation will prevent the economy from slipping back into recession. >>> today, the governor of pennsylvania will announce a lawsuit against the ncaa over the stiff sanctions it imposed on penn state university in the wake of the jerry sandusky scandal. former assistant football coach convicted of sexually abusing boys. they fined penn state $60 million and removed 40 seasons of victories under joe paterno. >>> a connecticut attorney who sought to sue the state for $100 million over the school massacre in newtown, connecticut. t
trouble down the road. abc's karen travers watching it all in washington. good morning, karen. >> reporter: good morning, paula. good morning, john. it wasn't pretty. neither party got what they wanted, and they didn't even get it done in time. but last night congress sent president obama a deal on the fiscal cliff. after months of drama and some tense last-minute negotiations, congress finally passed legislation to avoid the fiscal cliff. after the vote, a rare late-night statement from president obama. >> under this law, more than 98% of americans and 97% of small businesses will not see their income taxes go up. >> reporter: lawmakers completely blew their deadline. they didn't get the grand bargain both parties claimed was their ultimate goal. both democrats and republicans gave themselves credit for getting something done. >> this is a very, very strong first step. >> this is an important one. this is a critical one for the future of the country. >> reporter: there was considerable hand ringing among republicans about a lack of spending cuts. some wanted to add them in, but ultimately
is live on what this means for you. so what does it mean? i think people want to know this morning. >> reporter: well, basically, yes, this agreement to prevent consequences of the fiscal cliff within approval in the house and now president obama will sign the law. lawmakers did not meet the deadline on this and the grand bargain that both parties claimed was their ultimate goal. there was concern among republicans about a lack of spending cuts. now the fiscal cliff deal would shield income tax cuts for all workers earning less than 400,000 dollars a year and households less than 450,000 dollars. it also he prevents a tax hike on estates valued at less than 5 million dollars. it extends unemployment benefits for about 2 million people that were set to expire. what it doesn't do is raise the debt ceiling. in two months government will reach the limit on borrowing unless congress acts. bill only delays large cuts to the pentagon and other government programs. although congress missed the january 1st midnight deadline by-passing the compromise deal in the house and senate, congress ca
increases and i think this was a big win for president obama and i do think the democrats acted responsibly. >> was it nice to wake up to this morning? >> the good thing also was that it was a compromise and the republicans were not, we didn't make the republicans, you know, pay for the entire election. >> let's leave with a smile on our face. thanks so much for being with us. you're all right yourself. >> thank you. >>> victor blackwell with "cnn newsroom" continues. >> good morning, happening in "the newsroom" dodging the fiscal cliff crisis for now. with all of the talk about spending less why are lawmakers giving billions to businesses that are already thriving? we'll show you who is cashing in. >>> party crashers, republicans split over the tax deal and the core values of the gop and that strained unity faces a bigger test as a new deadline looms over spending cuts. >>> while the gop licks its wounds, wall street gets ready to celebrate. u.s. stocks set to open higher as markets around the world trade higher on the deal. >>> and they told us to basically drop dead. that's how one new y
is that there are enough republicans and house to join with them to make sure it passes so that president obama can sign it into law. we are waiting to hear what kind of vote and if there will be a vote. they convened here this morning at about midday. that is now seven hours ago. i think what we are seeing as about seven hours of printing from republicans in the house. i am hearing that people are softening their stance again, giving up on the idea of amending the senate bill and going for a straight up or down vote. it remains to be seen whether it actually advances. >> the amount of political bickering is extraordinary. >> it is political bickering. we have had seven hours of that and the feeling is that it is dying down zero little bit. eric cantor is the majority leader in the house. he is a very senior republican politician. he is a driving force in the party and he sticks with speaker of the house john boehner. he said i do not support it. that is different from john boehner, who think would rather get this bill done and move on to the next battle. the republicans feel more confident about the ba
york post reported this morning that lisa jackson resigned because she thinks president obama will approve a keystone pipeline. how about that. >> that is true. that is why she resigned. the keystone is a major job creator. the gulf of mexico is a big deal. stuart: i am interested and we made it this pipeline according to the new york post. >> the president is between a rock and a hard place. we need that keystone pipeline. stuart: hollywood backs president obama and now he is helping much of them. part of the fiscal cliff deal includes an extension for certain film and tv productions. >> those big-time checks came in late from hollywood. the checks that were missing were made up by hollywood. the silicon valley also get a big break. that benefits overwhelmingly the silicon valley. they got paid off. the average american watching the show, your next check coming in will be a lot lighter. stuart: $430 million. they are both in california. >> do not forget, that is where the big-time money came from. >> they want everyone else to pay their fair share. congress failed to act on a
" magazine, and mr. sunday morning himself, editor of "the new york times magazine," hugo lindgren. >>> president obama is back in hawaii today after making permanent the bush tax cuts for 98% of americans. no word if the president will be signing it today with a pen in one hand and muay thai in the other. included in the bill. extension of unemployment benefits for a year and a two-month delay of the automatic spending cuts better known as the sequester. on deficit and debt, the deal is more of a punt, but just averting the cliff has sent the markets soaring with the dow already up over 200 points. while it's no grand bargain, the bill does not tackle spending, by the way, don't miss the significance of this vote. republicans by an overwhelming majority in the senate and minority in the house voted to race taxes for the first time in two decades. just before 11:00 p.m., grover norquist tried to keep his infamous pledge from going obsolete, tweeting "the bush tax cuts lapsed at midnight last night. every "r" voting for senate bill is cutting taxes and keeping his or her pledge." so
, willie. >> hey, matt. good to see you all. good morning, everyone. president obama says he will sign the legislation approved by a divided house last night. it delays huge spending cuts that many economists feared would push the economy into a new recession. however, it does nothing really to avert the next fiscal cliff. in two months battles over further spending and, in particular, the u.s. federal debt limit will come to a head. >>> classes start thursday in a nearby town for the students who survived the shooting rampage at their school in newtown, connecticut, nearly three weeks ago. their desks, backpacks and other belongings left behind in the chaos in that rampage have been taken to a different school building so the kids will feel comfortable there. hillary clinton is spending a fourth day in a new york city hospital. the secretary of state is being treated for a blood clot in her head discovered during a follow-up exam for the concussion she suffered last month. doctors expect mrs. clinton to make a full recovery. >>> a celebrity photographer was killed after taking photos
deal. president obama will sign a law that avoids the fiscal cliff. >> tracie potts has a breakdown of what congress agreed to. >> good morning. a very late vote last night but runtime for millions of americans who wondered if their taxes would go what this year. >> lawmakers left capitol hill after finally avoiding the fiscal cliff. >> some point you strike a balance. >> 257 democrats and republicans voting for a bill to keep the alternative minimum tax from hitting working families and prevent tax hikes for 98% of americans. tax rates will go up for couples making more than $450,000. the estate tax threshold is over $5 million. >> tax relief has been achieved. now is a time for the president to work with congress to address the government overspending. >> and the debt ceiling. president obama urged congress to raise it. >> we cannot not pay bills that we have already incurred. the consequences for the global economy would be catastrophic. >> no word when the president will sign the new bill. it was just in time for nervous investors as markets reopen this morning. tracie potts, w
. we'll thank her later. they made this space available for us. good morning, my name is me linda hague for those of you who don't know me. i was appointed by president obama a little more than two years ago to be united states attorney and it is my incredible honor to represent the president, the obama administration here in the northern district of california. welcome to the stop bullying summit. i'm a federal prosecutor so it may seem odd that here we are talking about bullying and we asked all of you to be here and i want to explain the origin of that and why this happened. you people, everybody in this room, has been involved in this issue and is doing incredible work on this issue and we were so honored to be a part of it and to meet with all of you and to speak with you about it. the origin is that as the united states attorney, the administration wants me, wants all the united states attorneys, to go out into the community. it's actually a very different role for the united states attorney is envisioned by this administration. this administration, the president, attorn
another round of fighting. president obama says he hopes congress can strike a deal with a little less drama. >>> some dramatic temperature readings this morning. are you feeling it? we are in the mid 20s. >> it's very dramatic to me. >> what is going on. >> good morning. as we get down to 28 in livermore and 29 in fairfield. and 27 in santa rosa. it's colder and that is what we're talking about. 30 in concord and napa and freezing in redwood city and getting close in mountain view and san jose at 34. 36 at antioch. 34 at san rafael. low 40s east bayshore. mid 40s around san francisco. 44 at half moon bay. we do have a small slight wind so it does feel about one to three degrees cooler in some areas when you are outside this morning. let's talk about the chilled sunshine. it will joined with a few high clouds, upper 40s for lunchtime temperatures. low to mid 50s as we head through the afternoon and back in the upper 30s to mid 40s by 7:00. partly cloudy and frost tomorrow morning and then mid to upper 50s. mid-60s on friday and pull back of temperatures and few more clouds on saturday.
in the morning on new year's day late last night at about 11:00 the house caved in passed a vote, and passed the senate version, and president obama says he will sign it. we'll get into all of that and of course take your calls at 866-55-press. good to be with you here today. we're coming to you live on current tv, on your local progressive talk radio station and live on sirris tv for this hour only. peter ogburn, and dan henning here. >> we have been working hard. me and phone man phil have been holding down the fort. >> and our videographer siprion bolling who had a couple of days off as well. and we're all back. happy team. happy new year's eve. we celebrated with the millions of people in time square. the whole countdown. [ cheers ] >> that's not as boisterous as i'm used to hearing. >> stephanie: no. no. [ auld lang syne playing ] >> bill: maybe it is harder for drunk people to make a lott of noise. >> i was flipping it back and forth on tv. watch they did a two-hour tribute to dick clark before the countdown. >> bill: i'm sure that got big numbers. and the embarrassme
rookie quarterback. we're back in a moment.  >>> back now on fox 5 morning news. as most of us head back to work today, president obama is trying to salvage a few more days of holiday vacation. shortly after addressing the nation last night following the fiscal cliff vote, the president boarded air force one to head back to hawaii. mr. obama will rejoin his wife and daughters before the first family returns to d.c. this coming weekend. >>> not like hawaii here now, that's for sure. >> that's a lot of frequent flyer miles. >> yeah. he sure was. >>> locally, hey, we look fieb around here today. not going to be hawaii weather. our high is only going to be about 40 or so. but we should see more sunshine than we've seen in the last couple of days. so getting better. and the good part is we'll be nice and dry later today, not expecting any rain and/or snow anytime soon. the pattern nice and dry. >> good. >> let's get to satellite and radar, take a look at what's happening. here we go, cloud cover continues across the region. one or two sprinkles south and east of town down towards
the board spending cuts. >> the bill is now on its way to president obama who is expected to sign the bill into law. fox 5's melanie alwick is live on capitol hill this morning with a closer look at the deal. melany. >>reporter: wisdom, you know, it was definitely a nailbiter all day here on capitol hill, despite the bipartisan approval in the senate early on new year's day, passage in the house was definitely not certain, and as the evening wore on, hill watchers were starting to get a little nervous. it was literally the 11th hour, 11:00 last night when house speaker john boehner finally put the senate version up for a vote. it passed 257-167 with mostly democratic support. for much of the day house republicans argued over whether to change the bill by tacking on spending cuts and send it back to the senate. senate leaders warned that would blow apart the entire deal. now, the bill means that taxes will only go up on americans making $400,000, couples making $450,000 and that's fewer people than president obama initially wanted. it also extends long-term unemployment benefits, fixes the
:00. today lots of sunshine and a little warmer. >>> coming up on mornings on 2. ktvu news was first on the scene on water main break near busy bay area bridges. >>> also president obama and air force one just landed in hawaii. these are the live pictures we see it as you see it. it was a busy night in washington. we have all the information stay right here with us.
, a little less brinksmanship, not scare the heck out of folks quite as much. >> this morning, a bill to avert the fiscal cliff awaits president obama's signature. around 11:00 eastern time last night, the republican-led house gave final approval to a bipartisan deal from the senate -- >> thank you, republicans. thank you, guys. you waited 20 years for this? >> on the wealthiest americans. >> you saved yourself for 20 years for this? >> while postponing automatic spending cuts for two months. >> joe is bitter. >> i am bitter. >> i would be. >> seriously, could the republican party have mismanaged this any worse? >> the package preserves bush air ya tax cuts for individuals earning less than $400,000 and households earning less than $250,000. it also extends unemployment benefits for a year. good morning, everyone. welcome to "morning joe." it's wednesday, january 2nd. with us on set, we have the president of the council on foreign relations, richard haass. we have former adviser to the bush administration and romney campaign, dan senor. this is going to be fun. >> yeah. yeah, yeah, ye
. >>> president obama arrived back in hawaii to rejoin his family vacation. this is video of the president arriving in honolulu this morning. actually, i'm wonder if that might be him leaving since he's getting on a plane. but he made the overnight trip after the house of representatives passed a late- night bill to avoid the fiscal cliff. >> thanks to the votes of democrats and republicans, i will sign a law that raises taxes on the wealthy. >> i wish i could say this was a proud moment, a moment in which we started the new year off right in which the 1st of january was the first of many good thins. it isn't. we're kicking the can down the road. >> the white house had no immediate update on when the president would receive and sign the bill. tomorrow new members of congress, though, will be sworn in. here's some of the provisions of the deal passed last night. a permanent extension of previous tax cuts for all payers except for individuals making $had00,000 or couples making more than $450,000 -- making more than $400,000 or couples making more than $450,000. they will have to face at lea
. temperatures flat line as we go into the seven-day. more coming up in just a few minutes. >> president obama will sign ale that avoids the fiscal cliff preventing taxes from going up on most people. >> tracie potts has a breakdown of what congress agreed to on capitol hill. >> good morning. a very late vote last night but in time for millions of americans who wondered if their taxes would go up this year. >> the house stands adjourned until 10:00 p.m. for morning our debates. >> lawmakers left capitol hill after finally avoiding the fiscal cliff. >> at some point you strike a balance. >> 257 democrats and republicans voting for a bill to keep the alternative minimum tax from hitting working families and prevent tax hikes for 98% of americans. tax rates will go up for couples making more than $450,000. democrats gave in on that. republicans won a victory -- the estate tax threshold is over $5 million. >> tax relief has been achieved. now is the time for the president to work with congress to address the government overspending. >> and the debt ceiling. before leaving for a whole lot president
the bills that they've already wracked up. >> this morning the political fallout, what this all means for you and what's next. >>> we have a packed show ahead, join by jen psaki, president obama's traveling press secretary, economist diane swonk and margaret hoover who served in the bush white house, john avlon with the daily beast, and irving pinsky. >> good morning, i'm brooke baldwin, a special fiscal cliff addiction, we're over it, "starting point," roll it, starts right now. here we go, full table, our panel today we have mr. richard saccharides, former adviser to president clinton, chrystia freeland, thompson reuters and welcome will cain with a tie, we've all been talking about it at the commercial. >> new year. >> court date. >> christine romans joining us here at the table as well. welcome, everyone. >> welcome. our "starting point," back from the fiscal abyss, in detox from our fiscal cliff addiction as the case may be. tens of millions of taxpayers and small business owners exhaling. the house passed the senate bill that temporarily brings us back from the depth of that cli
than 12 hours after declaring victory, president obama is back in hawaii enjoying the rest of his family vacation and joined them after he landed shortly before 5:00 a.m. local time this morning. let's go to kristen welker in honolulu. i hope you didn't have to get up before dawn for that. >> i was with him. got in at 4:00. >> maybe you got to sleep a little bit on the plane. the president was ready to sign the fiscal cliff bill and took off and went after the vote. when does he get to use the pen of his? >> that's what we are trying to find out from the white house. right now they are not giving any guidance on how he is going to sign the bill. we expect it to happen and expect to get guidance later today, but there two options. president obama could sign the actual paperwork so the paperwork could be flown out here to hawaii or use the auto pen. that is a tactic he has taken twice in the past, but has been overseas when he used it. some people have a problem with it and question the constitutionality and it's not an actual signature. it's an automatic signature. those are the tw
ripped through a mobile home in maryland city at 8:00 this morning. it quickly turned into a massive blaze. the victim is believed to be occupant of the home who was confined to a wheelchair. the cause of the fire is still under investigation. >> president obama is thinking congress for passing a bill that prevents us from going over the fiscal cliff. it stops a middle-class tax hike and raises taxes on the wealthiest americans. the house approved a bill last night and the senate approved a bill tuesday morning. but the bipartisan bickering continues. after passing the bill, one very important piece of legislation was not touched -- a $60 billion aid package for victims of super stormed sandy. the house agree to hold a vote by january 15 but it comes one day after finger-pointing and outrage from lawmakers. >> it is a lashing and tough- talking chris christie is known for only the time it is a fellow republican his railing against. >> i called the speaker four times last night after 11:20 and he did not take my calls. >> publicly bashing john boehner, chris christie and ot
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on our republican line. caller: good morning. your question today should be "the house passes the senate bill that the senate finally sent to the house." and president obama going out there to say the congress asked to give the money for what they have spent. we have two months and the president will come out and say i need more money for the budget, it's all done. so the president will be asking for more money, but he cannot briblame the congress. this washington is spending our money, spinning things around on us, and just going hog wild. we're not after your president, to the guy from georgia. we are with your president, but we want to get everything in order and have washington quit spending money they don't have. thank you, c-span. host: let's look apsa editorials and our beds in the pages of the newspapers. in the washington post -- and another opinion piece that says -- and another piece, this with a different twist, looking at the cabinet of president obama in his second term. we will be watching on c-span, cabinet choices of the toinistration in the show's come. this is tim from
morning. it is wednesday, january 2. i'm elizabeth wenger. frank and michelle are both off this morning. time now 6:00. >> you may have heard the house finally approved a senate bill to prevent across-the-board budget cuts and tax hikes. president obama plans to sign the bill. when he does it will take effect retroactivto
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